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Nov 7, 2012 11:00pm EST
to what is at stake in the coming months, speaker boehner used a teleprompter to issue his remarks today. this was the first time in the speaker of the house has ever used the device for a news event at the capitol. >> stocks went down today after the election. if lawmakers did not learn how to play nice soon, it could have a direct impact on all of our finances. >> on the day after president barack obama won his second term, the stock market shuddered. by the closing bell, the three major indexes had plunged. the dow falling more than 300 points. french markets were afraid. >> i think everybody would try to figure out where we are economically. >> that fiscal cliff, $600 billion in automatic tax hikes and spending cutbacks set to kick in january 1 unless lawmakers take action. investors are worried a lame duck session of a divided congress and the reelection of the status quo means no budget compromise now or later. >> the same people who could not agree for the past two years now have to agree on something between now and the first of january. otherwise there will be huge cuts in the f
Search Results 0 to 0 of about 1